One of my longtime blog friends, Andrea Tung of Making Things created this adorable knitting pattern to make this Coquette Cocktail Hat. A name I like! You can pick up the pattern at Ravlery for £2.00 (or around $4).
Andrea writes:

How to be unforgettable; wear a beautiful hat! There is no other fashion accessory that can achieve what a hat can do. This miniature beret style cocktail hat was inspirited by the likes of old Hollywood film beauties, like Audrey Hepburn- graceful, sophisticated and full of personality. This is a speedy knitting project, so you can knit one up in time for a party of night out (possibly make one for all the girls for a hen night)! Or be bold! Wear it nonchalantly on the street and receive lots of smiles and attention from passing strangers! It is called “Coquette” after all; it’s French for “flirt”.

You can read my interview with Andrea back in 2006 on Make:Online (before we had Craftzine.com). Andrea is also the proprietor of Fable Handknit, an online shop she created that sells her luxurious baby alpaca yarn.